On March 27, 2020, the President signed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”). The Act provides emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic, including certain tax reliefs and rebates. This Alert addresses certain tax provisions contained in the CARES Act. The Alert can be found here.
Client Alert: Highlights of Tax Relief in The CARES Act – March 29, 2020
